Parse distributed and header taxes
Some locations need to apply both a distributed tax and a header tax to invoices (in Canada a PST and a GST). Currently, Polaris adds the percentage from the distributed tax to the header tax, so the total is higher than it should be. Libraries can work around this by reducing the header amount by the percentage of the distributed amount, but this is a fiddly process and sometimes results in rounding errors.
We would like to see Polaris parse the calculation of the header tax charge, so it no longer includes the distributed tax amount. Polaris should also round numbers based on 2 decimal points, not 4. This would save staff time and effort and result in more accurate vouchers.
AdminEleanor Crumblehulme
(Admin, Innovative)
shared this idea
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Beth Lane
commented
This improvement would provide a more efficient workflow for acquisitions staff and ensures the accuracy of vouchers for our Finance staff. Sometimes, even after staff reduce the header charge to accommodate the calculated percentage add-on, the voucher totals are off by a penny.
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Lynn Reynish
commented
Clarivate has said they want to internationalize the Polaris-based products. Well - here's an opportunity! Handle different tax schemes properly.